Investment Opportunities

By Jonathan Bailey


Investment opportunities



At Michaels we know that it is key for you as a landlord to achieve the greatest return on your investment. This means that the process of deciding on which property to invest in is all important. With house prices in the area booming it is more important than ever to understand what you are getting for your money. Below are a couple of properties in Braintree with great buy to Let potential. We are completely impartial and will recommend both properties we are selling and other local agents in order to maximise your investment potential.


First of all, Connells are marketing this three bedroom terraced house located in a perfect position for commuters. Currently on the market at £240,000 being offered with no onward chain the property would make an ideal investment.


http://www.rightmove.co.uk/property-for-sale/property-47799492.html


The current achievable rental income is in the region of £950 - £1000pcm depending on the condition the property is offered in. This means that purchased at the asking price you could still expect a gross yield of in excess of 5%.


Secondly CM rent & Sales are offering this one bedroom apartment again within close proximity of the station. On the market at offers in excess of £125,000 and again being sold with no onward chain provides a great investment opportunity.


http://www.rightmove.co.uk/property-for-sale/property-64489565.html


This property would achieve in the region of £550 - £600pcm and if purchased at £125,000 or just over you would still expect more than 5.5% gross yield.


As local property experts we want to help landlords in the process of purchasing and letting out investment properties. As you will see above we have recommended properties for sale with other agents in the town which we believe would give you a good return on your investment. If you would like any advice at all on the property market and what would give you the best return for your initial outlay please contact us today for a free, impartial chat.


We look forward to speaking to you soon.
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